Aura Finance
English
English
  • 🙌Welcome
  • 📖Aura
    • What is Aura?
      • For Liquidity Providers
      • For $BAL Stakers
      • For $AURA Lockers
      • Fees
    • Governance
      • Multisig Composition
      • Multisig Rights
      • Gauge Voting
    • Security
      • Risks
    • $AURA
      • Distribution
        • Allocation Scaling Process
      • Vote Locking
  • 🛠️DEVELOPERS
    • Aura Subgraphs
    • Deployed Addresses
      • Canonical Deployment Addresses
      • Sidechain Deployment Addresses
    • Solidity API
      • AuraBalVault - Compounder
      • Sidechain Contracts
    • Building on Aura
    • Brand Guidelines
    • How To ___
      • See reward tokens / yield on Aura Pools
      • Calculate APRs from Aura pool yield
      • Calculate pool boost
      • Calculate projected APRs
      • Get Balancer LP price
      • Add extra incentives to Aura pools
    • Frequently Asked Questions
  • 🔗Links
    • Twitter
    • Discord
    • Forum
    • Github
    • Aura Finance
    • Terms and Conditions
Powered by GitBook
On this page
  1. Aura

What is Aura?

Temple of abundance built upon a prospering balancer ecosystem

PreviousWelcomeNextFor Liquidity Providers

Last updated 1 year ago

Aura Finance is a protocol built on top of the to provide maximum incentives to Balancer liquidity providers and BAL stakers (into ) through social aggregation of BAL deposits and Aura’s native token.

For BAL stakers, Aura provides a seamless onboarding process to veBAL, by creating a tokenised wrapper token called auraBAL that represents the 80/20 BPT locked up for the maximum time in VotingEscrow (). This can be staked to receive existing rewards (BAL and USDC) from Balancer, in addition to a share of any BAL earned by Aura (read more about ), and additional AURA. This minting process is irreversible however users can trade their auraBAL back to BAL through an incentivised liquidity pool.

For Liquidity providers, Aura abstracts complexity of depositing into the Balancer gauge system, providing a smooth onboarding process to all Balancer gauge deposits. Aura allows depositors to achieve a high boost through the protocol owned veBAL while also accumulating additional AURA rewards.

The AURA token acts as a governance and incentivisation tool within the ecosystem. Locked AURA tokens will have governance rights in the system and will be able to vote using the protocol owned veBAL voting power as well as on internal proposals.

📖
Balancer system
veBAL
read more about what this means
the fees
For $BAL Stakers
For Liquidity Providers
For $AURA Lockers